In this week’s episode, host Kristin Hayes talks with Milan Elkerbout about how the European Union has responded to the Inflation Reduction Act. Elkerbout will join Resources for the Future as a fellow in October, transitioning from his role as head of the climate policy programme at the Centre for European Policy Studies. Elkerbout discusses the ongoing conversation about the Inflation Reduction Act among EU policymakers, climate policies that the European Union has proposed since the passage of the US law, and global trends in industrial and trade policy. This conversation with Hayes and Elkerbout comes on the heels of the one-year anniversary of the Inflation Reduction Act, which became law in August 2022.

References and recommendations:

“The New Economics of Industrial Policy” by Réka Juhász, Nathan Lane, and Dani Rodrik; https://drodrik.scholar.harvard.edu/publications/new-economics-industrial-policy